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Indian shares are likely to open in the green on Wednesday on easing fiscal deficit and inflationary concerns after Saudi Arabia said it had fully restored its oil supply. Saudi Energy Minister Prince Abdulaziz bin Salman said the kingdom has recovered supplies following attacks on its crude facilities by tapping inventories. At 7:00 am, the SGX Nifty futures traded higher by 0.43 percent, or 46.50 points, at 10,888.50, indicating a positive start for the Sensex and the Nifty. Stocks To...

Indian shares are likely to extend Wednesday’s gains, tracking higher Asian stocks, amid apparent progress in the political crises in Britain and Hong Kong. Gains in banking and steelmaker shares helped markets recover from earlier losses on Wednesday with the Sensex settling 162 points up and the Nifty ending higher by 47 points. At 7.26 AM, the SGX Nifty Futures traded 0.29 percent higher at 10,889, indicating a positive start for the Indian market.

Indian shares are likely to open little changed on Tuesday, tracking muted Asian peers, as concerns over the sluggish economic growth coupled with US-China trade frictions are likely to limit gains. On Friday, the 30-share Sensex ended 263.86 points, or 0.71 percent, higher at 37,332.79. Similarly, the broader NSE Nifty rose 74.95 points, or 0.68 percent, to close at 11,023.25. At 7:10 AM, the SGX Nifty futures traded lower by 0.07 percent, or 8 points, at 10,933.50, indicating a weak start...

Indian shares are set for a flat start on Friday amid expectations of the first quarter GDP data due to be released today. A poll conducted by Reuters showed that the Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by weak investment growth and sluggish demand. In global markets, Asian shares rose as China struck a hopeful tone on trade with the United States but continued fears about a global growth slowdown, or even a recession,...

Indian shares are likely to open lower on Thursday, tracking weak Asian stocks, as intensifying US-China frictions are likely to weigh on investor sentiment. However, losses are likely to be limited, with the government announcing a big relief on the FDI norms, by allowing 100 percent foreign investment in contract manufacturing and coal mining, and also easing sourcing norms for single-brand retailers. On Wednesday, Indian shares snapped a three-day rising streak tracking heavy losses in...

Indian shares are set for a mixed start ahead of the expiry of future and derivative contracts and amid muted trades in global markets. Asian shares eked out meager gains on Wednesday, as higher Wall Street futures provided some relief for investors after an overnight US selloff, though deeper worries about the global economy are likely to keep a lid on sentiment. On Tuesday, Indian benchmark indices the Sensex and the Nifty50 ended higher for the third straight session led by auto and...

Indian shares are set to open higher on Tuesday on the twin effect of RBI approving transfer of Rs 1.76 lakh crore surplus to the government, and finance minister Nirmala Sitharaman announcing a slew of measures to revive the economy. In global markets, Asian stocks traded higher on Tuesday while safe-haven bonds sold off as signs China-US trade hostilities might be easing helped restore investor confidence after the previous session's rout. On Monday, the Indian market settled with sharp...

Indian shares are set for a strong start on Monday following the key announcements made by the finance minister Nirmala Sitharaman to revive the economy and encourage investment, including a rollback of the FPI tax surcharge and capital infusion in PSU banks. However, a broader selloff in global markets likely to cap gains. In global markets, Asian shares were in the red after US President Donald Trump announced an additional duty on Chinese goods. On Friday, Indian benchmark indices Sensex...

Indian benchmark indices the BSE Sensex and NSE’s Nifty 50 are set for a mixed start on Friday amid continued selling pressure over slowing economic growth and cautious trades in global markets. Asian shares traded flat as investors await future rate cut guidance in a speech by the US Federal Reserve chairman Jerome Powell. Indian shares plunged over 1.5 percent in the previous session in absence of any relief measures from the government. The Indian rupee also plunged to an over eight-month...

Indian shares are likely to open lower on Wednesday following losses in global markets and in absence of any government actions on the economy. Asian shares declined over trade war concerns US President Donald Trump showing no signs of backing down in his trade war with China. Indian shares snapped a three-day winning streak and ended marginally lower in the previous session. Indian benchmark indices BSE Sensex and NSE Nifty50 ended marginally lower in the previous session as cautious...

Indian benchmark indices are set for a mixed start on Tuesday as markets await a relief package from the government to revive growth. Meanwhile, gains in Asian markets and the government’s plan to revise tax rates for the individual taxpayers and corporates may lend support. Asian shares advanced as hopes for stimulus in major economies tempered anxiety about a global recession. In the previous session, the BSE Sensex and NSE's Nifty50 ended mildly higher led by pharma and IT indices leading...